Fed Bails Out $20B to Banks At TaxPayer Expense
December 19th, 2007 . by admin
The Federal Reserve is providing $20 billion in loans to banks as part of an unprecedented auction process to ease a global credit crisis and make sure financial institutions can keep lending to their customers. Shady and unscrupulous lending practices are what got them in trouble in the first place!
No TweetBacks yet. (Be the first to Tweet this post)
Sphere: Related Content